This offering presents a rare opportunity to acquire a fully renovated four-unit residential building at a corner location on Cambridge Street in Boston's Beacon Hill neighborhood. The property has undergone a complete renovation and includes a fire sprinkler system, so it requires little to no near-term capital investment and suits investors seeking a stabilized, turnkey asset or is a great opportunity for an end-user. The property also features HVAC units in all units along with Washer/Dryers. The building sits directly across from Massachusetts General Hospital, one of the region's largest employers, and is a short walk to both the Red Line (Charles/MGH) and Green Line (Government Center) MBTA stations, giving residents easy access to downtown, Cambridge, and the greater Boston area. A deep employer base nearby, including MGH, the State House, Government Center, and the Financial District, supports consistent rental demand, and residents also have the shops, restaurants, and amenities of Charles Street and the West End/North End close by. With its prime location, modern systems, and minimal capital needs, this property is a turnkey multifamily investment in one of Boston's most desirable and supply-constrained submarkets.
| Units | 4 |
| Living area | 3,346 sqft |
| Lot size | 1,320 sqft |
| Year built | 1899 |
| Price / sqft | $851 |
| County | Suffolk |
| MLS # | 73586458 |
| Days on market | 0 days |
| Listed on | October 4, 2026 |
| Annual property tax | $19,609 |
| Tax year | 2026 |
| Assessed value | $1,581,400 |
| Zoning | L-2-65 |
| Gross income (actual) | $178,068/yr |
| Net operating income (actual) | $178,068/yr |
| Total actual rent | $14,839/mo |
| Stories | 4 |
| Total rooms | 18 |
| Lot size | 0.03 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Foundation | Other |
| Roof | Other |
| Construction | See Remarks |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 4-unit multi-family property with 3,346 sqft of living area, built in 1899.
16 Temple Street, Boston MA 02114 has been listed for 0 days (since October 4, 2026).
At a list price of $2,849,000 across 4 units, that works out to roughly $712,250 per unit.
Annual property taxes are $19,609 (2026), on an assessed value of $1,581,400.
At $2,849,000 for 3,346 sqft, that's about $851 per square foot.
16 Temple Street, Boston MA 02114 is in Boston, Suffolk County, MA 02114.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.